Plada Infotech Services (NSE:PLADAINFO) Accounts Receivable : ₹90.2 Mil (As of Mar. 2024)

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What is Plada Infotech Services Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Plada Infotech Services's accounts receivables for the quarter that ended in Mar. 2024 was ₹90.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Plada Infotech Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 25.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Plada Infotech Services's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-7.91.

Plada Infotech Services Accounts Receivable Historical Data

The historical data trend for Plada Infotech Services's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Plada Infotech Services Accounts Receivable Chart

Plada Infotech Services Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

44.79

43.13

45.84

90.22

Plada Infotech Services Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Accounts Receivable	44.79	43.13	45.84	90.22

Plada Infotech Services Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Plada Infotech Services Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Plada Infotech Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	90.217	/	633.914	*	91
=	25.97

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Plada Infotech Services's accounts receivable are only considered to be worth 75% of book value:

Plada Infotech Services's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(36.339	+	0.75 * 90.217	+	0.5 * 0	-	171.957
-	0	-	-0.107)	/	8.574
=	-7.91

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Plada Infotech Services Accounts Receivable Related Terms

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Plada Infotech Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Plada Infotech Services Ltd (NSE:PLADAINFO) » Definitions » Accounts Receivable

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Traded in Other Exchanges

N/A

Address

Off. Old Nagardas Road, Mograpada, Mogra Village, Santosh A. Mishra Compound, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.pladainfotech.com

Plada Infotech Services Ltd is a company specializing in delivering comprehensive Business Process Outsourcing services tailored to their client's specific needs. The company focuses on providing end-to-end solutions to its clients. The company provides a wide range of services ranging from recruitment & payroll management, merchant acquisition, field support, software solutions, e-commerce, business correspondence, seller onboarding, account management, and other services to clients.

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